The company's storage operations for petroleum serve as crucial auxiliary services to its refining endeavors.
1. The Tianjin Jiangdong Petrochemical Co., Ltd., a subsidiary, boasts a liquid chemical raw material storage capacity exceeding 80,000 cubic meters.
2. Another subsidiary, the Dongying Ruiying Petrochemical Co., Ltd., currently possesses a set of finished oil storage tanks with a capacity of 120,000 cubic meters.
The aforementioned subsidiaries collectively possess a processing capacity of 1,000,000 tons per year for refined naphtha, along with planned fueling stations and auxiliary facilities such as offices, safety, fire protection, environmental protection, and measurement. These facilities complement Star Company's high-quality refining services.
Tianjin Jiangdong Petrochemical Co.,Ltd
Dongying Ruiying Petrochemical Co., Ltd primarily engage in petrochemical processing, storage and trading, have extensive experience in the petrochemical field.
Plant | Location | Registration Date | Registered Capital | Capacity per year （ tons) |
|---|---|---|---|---|
Dongying Ruiying | Dongying | 2014 | 130 million RMB | 350,000 |
Tianjin Jiangdong | Tianjin | 1992 | 50 million RMB | 500,000 |
Tianjin Jiangdong and Dongying Ruiying are both large, modern enterprises integrating petroleum product manufacturing and sales, technological research and development, chemical production and trade, storage and transportation of refined oil products. They are dedicated to providing high-quality products and services at various stages of the petrochemical industry and are significant participants in the petrochemical field.
Both companies possess qualifications for handling hazardous chemicals, crude oil processing, and petroleum products for import and export.
Both companies are strategically located in areas with abundant oil reserves and gas resources, and they benefit from various transportation advantages, including waterway, road and railway. Additionally, with an excellent and professional business team, they emphasize scientific research and technological innovation, continuously advancing cutting-edge technologies in the petrochemical industry. Their products are distributed nationwide.
The company is equipped with research talents and engineers in various fields for research and operations. Regarding product development, based on the company's strategic planning and research directions concerning market demands, environmental concerns, energy considerations, and product upgrades, the company's specialized research team focuses primarily on environmental protection and safety research. This focus aims to provide customers with higher quality products and greater added value.
In terms of production and transportation operations, the company rigorously selects and evaluates engineers at every level to ensure product quality, operational safety, and environmental protection. This approach aims to enhance customer experience, protect social interests, and safeguard the global environment.
Technically, the project adheres to principles of technological advancement, reasonable investment, energy efficiency, and good economic returns. It adopts optimized processing schemes and processes, advanced energy-saving technologies, and energy-saving equipment measures in the design of atmospheric distillation unit projects. These measures aim to achieve high yield and low energy consumption while meeting production and product quality requirements.
The project meets the overall requirements for processing low to medium sulfur, condensate and fuel oil with a density between 0.7-0.88 g/cm³, and sulfur content not exceeding 10,000 ppm. The technological level has reached an advanced domestic standard.
Given that naphtha and crude liquid wax are the future market directions, our company, after conducting extensive market research, has made decision recommendations. In order to further enhance, improve, and broaden the market for naphtha and crude liquid wax, our company has strategically planned the rational configuration of product structure to obtain high-quality and high-value-added products.
Currently, both the international and domestic refining industries are moving towards large-scale development to reduce unit processing costs and enhance competitiveness. In recent years, regional refining enterprises have experienced rapid growth with an increasing processing scale. Therefore, our company has taken a different approach by launching a new condensate processing project to increase processing depth and product added value, thereby further meeting customer demands.
Main products and production volumes include: light hydrocarbons 30,000 tons/year, light naphtha (ethylene feedstock) 200,000 tons/year, 1# naphtha (reforming feedstock) 250,000 tons/year, 2# naphtha (solvent naphtha) 220,000 tons/year, SA-1000 high-boiling point aromatic solvent oil 140,000 tons/year, SA-1500 high-boiling point aromatic solvent oil 80,000 tons/year, diesel 200,000 tons/year, crude liquid wax (paraffin oil/fuel oil) 120,000 tons/year; gasoline 300,000 tons/year. Gasoline products are based on light hydrocarbons and naphtha as base oils, blended with some externally sourced high-octane components, and sold externally after meeting standards.
As energy supply becomes increasingly tight and energy prices continue to rise, it is increasingly important to improve the comprehensive utilization level of device energy, reduce energy consumption and thereby reduce production costs to improve the economic benefits of production units. Therefore, this project adopts current domestic advanced energy-saving measures to reduce the energy consumption of the device.
The project energy consumption index is a comprehensive index calculation based on the total net increase in physical energy consumption. The calculation method adopts the provisions of "Petrochemical Engineering Design Energy Consumption Calculation Standard" GB/T50441-2007.
The processing energy consumption of the condensate processing project is 18.09Kg/t of raw material. Since the device adopts advanced process routes, the overall energy consumption is at a better level than similar domestic devices.